TMT business forum focuses on OFWs

THE Filipino migrant workers or overseas Filipino workers (OFWs), called the country's modern-day heroes for keeping the Philippine economy afloat through their remittances, were among the hardest hit by the Covid-19 pandemic.

In a report released by the Philippine Statistics Authority (PSA) on March 7, before the outbreak of the Covid-19 pandemic in 2019, there were 2.18 million registered OFWs. Of this number, 2.11 million were overseas contract workers (OCWs) and about 69,000 were other Filipino workers abroad with valid working visas and work permits.